Stock Market & Financial Investment News

Gorman-Rupp says NPC subsidiary acquires business of Bayou City PumpThe Gorman-Rupp Company announces that its wholly-owned subsidiary, National Pump Company, has completed its purchase of the business of Bayou City Pump, based in Houston, Texas. During 2013, BCP had approximately $16M in revenue from sales of its products and services through its Houston, Texas headquarters and its service facility location in Baton Rouge, Louisiana. The terms of the asset purchase agreement are undisclosed.